‘We Got No More Liquor!’ These Yield Curve Inversion As A Recession Predictor Probabilities Are Sure To Be A Hit At The Bar

If you’re not talking about the inexorable flattening in the U.S. curve in public settings, well then one wonders what the hell it is you’re saying at the bar when you’re spittin’ game to the waitresses. 

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One Strategist Thinks You Should Ignore The “Prophets Of Doom”

“The Fed’s decision to tighten rates in the face of sluggish growth and limp inflation has encouraged a narrative that they are embarking on a policy error, with the flattening of the yield curve cited as a primary piece of evidence. Upon closer inspection, however, the prognostications of peril appear wide of the mark.”

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“Tortured Traders” And Uncertainty: One Trader Weighs In On Spooked Markets

“Yesterday, NY Fed President Dudley said it was very unusual to see stocks rising when there’s so much uncertainty. True, but they’re getting a lot of help on the regulatory and tax side. But there’s no evidence in other markets that everyone has a clear vision of the path ahead.”

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